Merit Partners buys south Phoenix cultural site

Image by Peter H from Pixabay

By Megan Taros | Arizona Republic

The banks of the Salt River were once a dumping ground for trash and abandoned vehicles. Now, they’re blooming with restored riparian habitats and plans for community and recreation spaces.

One of these spaces – 83 acres between 7th and Central avenues owned by CEMEX, a Mexican cement manufacturer – was envisioned asthe home of Plaza de las Culturas, an education and recreation center where residents could meet to enjoy the rich culture of south Phoenix.

In July, Cushman and Wakefield announced that Merit Partners, a Phoenix-based developer, had purchased those 83 acres in what is the largest development deal in the city since the COVID-19 pandemic.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

August 2020
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31